Elon Musk's Tweet Sends PNUT Soaring! What is PNUT Token?
In yet another instance of social media's influence on the cryptocurrency universe, Elon Musk's latest tweet on X raised the noise around Peanut the Squirrel (PNUT). A simple emoji 🥜 woke the whales!
Key Takeawyas
- Elon Musk’s tweet reignited PNUT hype – A single 🥜 emoji from Musk sent Peanut the Squirrel (PNUT) crypto surging.
- The real Peanut the Squirrel was euthanized – NYC authorities put down the social media-famous squirrel, sparking public outrage and political reactions.
- ChangeNOW & NOW Wallet are top choices for PNUT – Users can easily buy, swap, and store PNUT securely on ChangeNOW and NOW Wallet with no registration required.
The Story Behind the PNUT Hype
What happened to PNUT the squirrel?
Peanut the Squirrel, a social media celebrity with more than half a million admirers, was euthanized by New York City authorities out of fear of rabies. His owner, Mark Longo, announced the tragic news on Instagram, saying Peanut and a raccoon named Fred were captured by the Department of Environmental Services (DEC) and euthanized. The action sparked outrage en masse on the internet, particularly among animal enthusiasts and liberty activists.
Trump's running mate, JD Vance, addressed the controversy during a North Carolina rally, decrying the government's move and likening it to big government overreach. The political firestorm also helped fuel demand for the launched PNUT crypto memecoin, which was developed on the Solana blockchain. The PNUT token had a trading volume of $230 million within 48 hours, going as high as $0.14 just a day after its launch.
Source: The Independent
What is PNUT Crypto?
PNUT crypto, also known as the PNUT token or PNUT coin, is a memecoin created on the Solana blockchain as a tribute to Peanut the Squirrel. It does not have any inherent use case, but its viral success and relation to an internet sensation have propelled it into the limelight.
Where to Buy PNUT? How to Buy PNUT?
One of the top platforms to exchange $PNUT is ChangeNOW, a non-custodial and decentralized crypto exchange where one can buy, sell, and exchange cryptocurrencies without the trouble of registration.
Why ChangeNOW?
- No account required – totally hassle-free experience.
- Quick transactions with no upper limits.
- Low commission and competitive exchange rates.
- Supports a variety of cryptocurrencies, including PNUT on Solana and PNUT on Ethereum.
How to Exchange PNUT on ChangeNOW:
- Go to ChangeNOW.
- Select PNUT as the currency to buy or swap.
- Select the fiat or crypto pair to exchange.
- Provide the recipient wallet address.
- Confirm the transaction and await finality.
Where to Keep PNUT? NOW Wallet Comes to the Rescue!
To secure your PNUT coin, NOW Wallet is one of the best choices you can use. It's a secure multi-currency wallet that holds PNUT and other 1500+ tokens.
Why NOW Wallet?
- Complete control over private keys.
- No registration whatsoever.
- Multi-blockchain support, with Solana among them.
- Simple and cheap in-app swaps.
How to Keep PNUT in NOW Wallet:
- Download NOW Wallet from the official website or app store.
- Set up a new wallet or import a wallet.
- Click on Add Token and look for PNUT.
- Receive PNUT by copying your wallet address and providing it to the sender's app.
As PNUT remains in the news, time will only tell whether it will retain its value or vanish like thousands other memecoins. But for the present, at least, it is a potent symbol of internet-driven uprisings—and the undeniable influence of social media moguls like Elon Musk.
